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United States · Bill · HR

H.R. 288 (99th)

National Condominium Act of 1985

referredUnited States· United States Congress· EN

Introduced

3 January 1985

Last action

11 February 1985 · Referred

Status

Referred to Subcommittee on Housing and Community Development.

Sponsors

Rep. Collins, Cardiss [D-IL-7], Rep. Clay, William (Bill) [D-MO-1], Rep. Stokes, Louis [D-OH-11], Rep. Ford, Harold E. [D-TN-9]

Subjects

Housing

Source updated

29 August 2025

Housing

Summary

National Condominium Act of 1985 - Provides for the designation of an Assistant Secretary for Condominiums within the Department of Housing and Urban Development to assist in the planning, development, construction, and operation of condominiums or the purchase of condominium units. Prohibits the Secretary of Housing and Urban Development from making any housing loan to a developer of a condominium project unless the developer discloses information assuring compliance with specified standards governing the sale and conversion of condominiums. Allows any purchaser of a federally-assisted condominium at least 30 days after signing a purchase agreement to cancel such agreement. Directs the Secretary to assist State and local governments to establish standards to protect purchasers of condominiums and residents of structures being converted to condominiums. Authorizes the Secretary to make grants to such governments for the establishment of offices to enforce such standards. Authorizes appropriations. Establishes penalties for violations of this Act.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 3 January 1985

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 3 January 1985

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 3 January 1985

    Introduced

    Referred to House Committee on Banking, Finance and Urban Affairs.

    Source: IntroReferral

  4. 11 February 1985

    Referred

    Referred to Subcommittee on Housing and Community Development.

    Source: Committee

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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